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3947 Rancho Summit Dr1 / 50 · Click to zoom

About this home

Discover a modern estate in the heart of Olivenhain, where the privacy and acreage of Rancho Santa Fe meet the effortless coastal lifestyle of Encinitas. Built by Shea Homes in the exclusive One Oak enclave and set on 1.5 acres, this 5,875-square-foot residence blends estate-scale privacy, contemporary design, and the ease of newer construction. Soaring ceilings, an open-concept great room, and multi-stacking glass sliders connect the interiors to panoramic views and outdoor living. At the center of the home, the chef's kitchen features an oversized White Truffle marble island, Thermador appliances, and a well-appointed butler's pantry with seamless flow to the great room and breakfast nook. A formal dining room, fireside Encinitas room, piano lounge with wet bar, office, upstairs family room, five en-suite bedrooms, and private casita offer flexibility for living, work, guests, and entertaining. The primary suite features a spa-inspired bath, walk-in closet, and private view deck. The grounds include a spa, serene water features, an outdoor culinary station with built-in grill and marble island, outdoor entertaining areas, irrigated garden beds, and a producing orchard with eighteen fruit trees. Enjoy owned solar, whole-house water softener, smart-home connectivity, and Ring security. With trails, beaches, dining, and top-rated Encinitas schools within easy reach, this rare One Oak estate delivers privacy, scale, and modern coastal living.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$2,491,500 · Oct 2020
📋 Assessed value$2,750,331
💵 Annual tax$29,829
🏫 School districtSan Dieguito Union High School District

MLS #260016444SD

🔥 Risk & insurability

🔥 Fire hazard zoneVery High
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
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Estimated total monthly payment
$27,534
Principal & interest$22,224
Property tax$4,029
Home insurance$1,282
Down payment: $879,000Loan: $3,516,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.